Overview
Peter Michael Nicholas (May 16, 1941 – May 14, 2022) was an American businessman and philanthropist. He co-founded medical device firm Boston Scientific with partner John Abele in 1979.
Early life
Nicholas was born in Portsmouth, New Hampshire, on May 16, 1941. He was the second of four children of Nicholas Nicholas and Vrysula (Coucouvitis), both of whom immigrated to the United States from Greece. His father was a United States Navy career officer and served during World War II. Nicholas attended St. Paul's School in his home state, where he was a letterman in baseball, football, and squash. Although he was accepted into the United States Naval Academy, he did not pass an entrance physical examination due to his eyesight. He then received a late admission into Duke University, graduating in 1964. After serving in the U.S. Navy as a communications officer on the USS Lookout and member of the special operations warfare group for two years, he undertook postgraduate studies at the Wharton School of the University of Pennsylvania, obtaining a Master of Business Administration in 1968.
Career
Nicholas first worked for Eli Lilly and Company in sales, marketing, and management for a decade from 1968 to 1978. He subsequently acted as general manager of the Millipore Corporation's medical products division.
Nicholas first met scientist John Abele at a Christmas party in Concord in 1979. The latter was president of Meditech at the time. They borrowed $800,000 to start Boston Scientific, a manufacturer of medical devices. He helped grow the company through a series of astute acquisitions. Nicholas was chief executive officer of the company until 1999, when he became chairman. He continued in that role until his retirement in 2016.
From Wikipedia (CC BY-SA 4.0).